Question

Myra took out a 20 year loan for $80,000 at an APR of 11.5%, compounded monthly. Approximately what would be the total cost of her loan if she paid it off 13 years early

Answer 1

Hello , My name is Anivea I can help You!

Answer 2

Hello thank you

Answer 3

So 80,000 divdie by 11.5 okay

Answer 4

I had the same problem and i got it right so i can help u

Answer 5

Also welcome to question cove I hope you enjoy your time here. If you have any questions feel free to ask.

Answer 6

Thank ou Timmy

Answer 7

Dividing that I still don’t see the answer in the multiple choice section.

Answer 8

ya were not done

Answer 9

Do you still need help understanding how to get your answer?